How to Hire a Franchise Attorney
The franchise attorney plays a key role in helping the business person who purchases a franchise deal with the franchisor. From the negotiation of the franchise purchase right through to the day to day business dealings between the parties, having the right lawyer is important.
Instructions
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Hire your own franchise attorney. While there are consultants who work in the franchise industry to put business people in touch with franchisors, a franchise lawyer who specializes in this area is best equipped to represent your best interests instead of being an impartial facilitator. A franchise consultant is not the same as a franchise attorney.
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Ask someone you trust for a recommendation. Ask your bank manager, an accountant or a seasoned business professional that you trust and respect. They might know of a good firm that employs a franchise attorney or may have dealt with one themselves.
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Look for local attorneys that specialize in franchise law specifically. While there are general lawyers if you can deal with a specialist you have a better chance of being well represented. A legal specialist that's experienced in franchise law for your area is the best person for the job.
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Be inquisitive. When you meet with a potential attorney, ask questions so you can get a good feel for what type of business relationship you might have with them and what type of personality they possess. You may need to deal with them on a regular basis so comfort level and a good rapport is important.
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Find out about a potential candidate's history. You need to know their track record, success rate and references to ensure that this is a lawyer with a good reputation.
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Establish fees. Many attorneys want a retainer that they can draw from. Some will charge you based on a pay as you go model. It's important to understand what the fees will be and what the expectations are for payment frequency.
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Compare at least two franchise attorneys. You may feel very good about the first attorney you interview but it's wise to speak to at least two different legal firms to determine the best solution for your franchise business.
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Tips & Warnings
Not all big law firms are the best. While some people prefer to deal with a large and successful firm, many people find that smaller firms offer more personalized service. Ask potential franchise attorneys about what differentiates them from other law firms.